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Mapped: Europe’s GDP Per Capita, by Country
Published 15 seconds ago on May 6, 2024
By Pallavi Rao
Graphics/Design:
Bhabna Banerjee
See this visualization first on the Voronoi app.

A map of GDP per capita levels for 44 European countries.

Mapped: Europe’s GDP Per Capita, by Country (2024)
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Europe is home to some of the largest and most sophisticated economies
in the world. But how do countries in the region compare with each other
on a per capita productivity basis?

In this map, we show Europe’s GDP per capita levels across 44 nations in
current U.S. dollars. Data for this visualization and article is sourced
from the International Monetary Fund (IMF) via their DataMapper tool,
updated April 2024.

Europe’s Richest and Poorest Nations, By GDP Per Capita
Luxembourg, Ireland, and Switzerland, lead the list of Europe’s richest
nations by GDP per capita, all above $100,000.

Search:
Rank Country GDP Per Capita (2024)
1 🇱🇺 Luxembourg $131,380
2 🇮🇪 Ireland $106,060
3 🇨🇭 Switzerland $105,670
4 🇳🇴 Norway $94,660
5 🇮🇸 Iceland $84,590
6 🇩🇰 Denmark $68,900
7 🇳🇱 Netherlands $63,750
8 🇸🇲 San Marino $59,410
9 🇦🇹 Austria $59,230
10 🇸🇪 Sweden $58,530
11 🇧🇪 Belgium $55,540
N/A 🇪🇺 EU Average $44,200
Showing 1 to 11 of 44 entriesPreviousNext

Rank Country GDP Per Capita (2024)
12 🇫🇮 Finland $55,130
13 🇩🇪 Germany $54,290
14 🇬🇧 UK $51,070
15 🇫🇷 France $47,360
16 🇦🇩 Andorra $44,900
17 🇲🇹 Malta $41,740
18 🇮🇹 Italy $39,580
19 🇨🇾 Cyprus $37,150
20 🇪🇸 Spain $34,050
21 🇸🇮 Slovenia $34,030
22 🇪🇪 Estonia $31,850
N/A 🇪🇺 EU Average $44,200

GDP Per Capita (2024)
23 🇨🇿 Czech Republic $29,800
24 🇵🇹 Portugal $28,970
25 🇱🇹 Lithuania $28,410
26 🇸🇰 Slovakia $25,930
27 🇱🇻 Latvia $24,190
28 🇬🇷 Greece $23,970
29 🇭🇺 Hungary $23,320
30 🇵🇱 Poland $23,010
31 🇭🇷 Croatia $22,970
32 🇷🇴 Romania $19,530
33 🇧🇬 Bulgaria $16,940
N/A 🇪🇺 EU Average $44,200

GDP Per Capita (2024)
34 🇷🇺 Russia $14,390
35 🇹🇷 Türkiye $12,760
36 🇲🇪 Montenegro $12,650
37 🇷🇸 Serbia $12,380
38 🇦🇱 Albania $8,920
39 🇧🇦 Bosnia & Herzegovina $8,420
40 🇲🇰 North Macedonia $7,690
41 🇧🇾 Belarus $7,560
42 🇲🇩 Moldova $7,490
43 🇽🇰 Kosovo $6,390
44 🇺🇦 Ukraine $5,660
N/A 🇪🇺 EU Average $44,200

Note: Figures are rounded.

Three Nordic countries (Norway, Iceland, Denmark) also place highly,
between $70,000-90,000. Other Nordic peers, Sweden and Finland rank just
outside the top 10, between $55,000-60,000.

Meanwhile, Europe’s biggest economies in absolute terms, Germany, UK,
and France, rank closer to the middle of the top 20, with GDP per
capitas around $50,000.

Finally, at the end of the scale, Eastern Europe as a whole tends to
have much lower per capita GDPs. In that group, Ukraine ranks last, at
$5,660.

A Closer Look at Ukraine
For a broader comparison, Ukraine’s per capita GDP is similar to Iran
($5,310), El Salvador ($5,540), and Guatemala ($5,680).

According to experts, Ukraine’s economy has historically underperformed
to expectations. After the fall of the Berlin Wall, the economy
contracted for five straight years. Its transition to a Western,
liberalized economic structure was overshadowed by widespread
corruption, a limited taxpool, and few revenue sources.

Politically, its transformation from authoritarian regime to civil
democracy has proved difficult, especially when it comes to institution
building.

Finally, after the 2022 invasion of the country, Ukraine’s GDP
contracted by 30% in a single year—the largest loss since independence.
Large scale emigration—to the tune of six million refugees—is also
playing a role.

Despite these challenges, the country’s economic growth has somewhat
stabilized while fighting continues.

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